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☆ US announces $6 billion long-term military aid package for Ukraine
▼ + stars: | 2024-04-26 | by ( Haley Britzky | ) edition.cnn.com time to read: +3 min

CNN —US Defense Secretary Lloyd Austin announced on Friday a $6 billion long-term military aid package for Ukraine — the largest to date — which will allow the US to purchase new equipment produced by the American defense industry for the Ukrainian military. The announcement comes just days after the US announced a $1 billion package that would quickly provide equipment to Ukraine from US stocks, following President Joe Biden’s signing of a much delayed $95 billion supplemental aid package on Wednesday. Biden said moments after signing the legislation that shipments of aid to Ukraine would begin within hours. Equipment under the $6 billion package announced Friday, however, will take much longer to arrive. The USAI is intended to provide Ukraine with a long-term supply of weapons and equipment.

Persons: Lloyd Austin, ” Austin, Joe Biden’s, Biden, Austin, CQ, “ They’ve, ” Brown, Volodymyr Zelensky, ” Organizations: CNN, US, Ukraine —, Ukraine Security Assistance Initiative, Joint Chiefs, Staff, Contact Locations: Ukraine, Germany, Ukrainian

☆ CEOs make the message clear on AI's big payoff: Be patient
▼ + stars: | 2024-04-26 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

And the initial signs are quite positive here too," Zuckerberg told investors in an earnings call. AdvertisementElon Musk had even stronger words for investors on Tuesday after Tesla reported plunging profits. Even so, Musk insisted during an earnings call that Tesla is an AI company and had a specific message to any shareholder who thinks that Tesla won't develop self-driving someday. On Thursday, Microsoft and Alphabet reported profits, which they ascribed in part to their respective AI sectors. Google's parent company reported $23.7 billion in profits for the same period.

Persons: —, Apple, Demis Hassabis, Sam Altman, Mark Zuckerberg, Zuckerberg, we've, Elon Musk, Tesla, Musk, Matthew Prince, Sundar Pichai, Pichai Organizations: Service, Meta, OpenAI's, EV, Economic, Reuters, Nvidia, Microsoft Locations: Davos

☆ Microsoft and Alphabet just proved AI boom has room to run
▼ + stars: | 2024-04-26 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Microsoft and Alphabet reported quarterly earnings that beat Wall Street's expectations. On Thursday, just off the heels of Meta's mixed first-quarter results that caused a dip on Wall Street, Microsoft and Alphabet just proved that there's money to be made off of artificial intelligence. However, the executive also made sure to highlight the contributions of Google Cloud, which now comes with generative AI services through Google's AI model, Gemini. Investors appeared pleased with Microsoft's and Alphabet's quarterly performance, which gave the companies a stock surge, as Wall Street continues to nurse a hangover from Meta's first-quarter report. "They have a goldmine of AI engineers and data, and now they're starting to monetize it," Ives said of Alphabet and Microsoft.

Persons: Wedbush's Dan Ives, —, Meta's, Sundar Pichai, Mercedes, Pichai, Ruth Porat, Satya Nadella's, Nadella, Microsoft's, Dan Ives, Ives Organizations: Microsoft, CNBC, Service, Google, Bayer, Cintas, Mercedes Benz, Walmart

☆ Pentagon Announces Additional $6 Billion in Military Aid for Ukraine
▼ + stars: | 2024-04-26 | by ( John Ismay | ) www.nytimes.com time to read: +1 min

The United States will give Ukraine $6 billion to purchase military hardware directly from American defense companies, Defense Secretary Lloyd J. Austin III announced on Friday, expressing confidence that many of the weapons and munitions the country most needs will soon arrive. “This is the largest security assistance package that we’ve committed to date,” Mr. Austin told reporters at the Pentagon. It will include air-defense missiles and artillery ammunition among other offensive and defensive weaponry, he said. Mr. Austin and Gen. Charles Q. This was the 21st such monthly meeting of the group since it was formed two years ago at a U.S. air base in Ramstein, Germany, and the first to be held since President Biden signed a long-stalled foreign aid package that includes $60.8 billion for Ukraine.

Persons: Lloyd J, Austin III, ” Mr, Austin, Charles Q, Brown Jr, Biden Organizations: Ukraine, Defense, Pentagon, Joint Chiefs of Staff, Ukraine Defense Contact, NATO, United Locations: States, Ukraine, United States, Kyiv, U.S, Ramstein, Germany

They call it an encirclement of their nation and say the United States is trying to constrain its main economic and military rival. The United States also has a new security agreement with Papua New Guinea. On Wednesday, Mr. Biden signed a $95-billion supplemental military aid and spending bill that Congress had just passed and that includes $8.1 billion to counter China in the region. In addition, the United States continues to send weapons and Green Beret trainers to Taiwan, a de facto independent island and the biggest flashpoint between the United States and China. A swarm of Chinese militia and Coast Guard vessels chased a Philippine Coast Guard ship in the South China Sea last year.

Persons: Xi Jinping, Biden, Antony J, Blinken, Yuri Gripas, ” Ely Ratner, Xi, ” Kurt Campbell, Joseph Wu, ”, “, Samuel J, Paparo Jr, Mr, Paparo, Carl Vinson, Richard A, Brooks, Trump, Lloyd J, Austin III, Chen Jining, Jes Aznar, David H, Berger, Obama, Tony Mcdonough, United States —, Admiral Paparo, China’s “ revanchist, we’re Organizations: Australian, U.S, Marines, United, Pentagon, Corps, Mr, White House, White, The New York Times, American, Marine, Green, China’s, Liberation Army, Seoul SOUTH, Pacific Command, People’s Liberation Army, Agence France, Nuclear Forces Treaty, Defense, Communist Party, Tokyo Okinawa, U.S . Navy, Coast Guard, Philippine Coast Guard, Marine Corps, Army, Philippines Luzon Partner, Australia Darwin Potential, NATO, Tomahawk Locations: Beijing, United States, Papua New Guinea, Philippines, Japan, Okinawa, Taiwan, Asia, Pacific, U.S, China, Shanghai, South China, South Korea, Guam, Washington, Manila, Taipei, People’s Republic of China, Palau, West Papua, Seoul, Tokyo JAPAN CHINA Taipei TAIWAN Hong Kong, GUAM philippines MALAYSIA INDONESIA JAPAN CHINA TAIWAN, philippines GUAM, INDONESIA Seoul, GUAM philippines, MALAYSIA INDONESIA, Philippine, Moscow, Tokyo, Ryukyu Islands, South, Philippines Luzon, Luzon, Spratly, Australia, Canberra, Singapore, Darwin, Australia’s, . North Carolina, Virginia, Perth, United Kingdom, Navy’s, America

☆ Biden promise to rival China on shipbuilding faces a big economic problem
▼ + stars: | 2024-04-25 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +11 min

The Biden administration is correct that China has not played fair. But he said the nations that could rival China in shipbuilding are Asian competitors. Shipbuilding subsequently dropped to around five ships per year, which is approximately the current rate of U.S. shipbuilding. President Joe Biden speaks to members of the United Steel Workers Union at the United Steel Workers Headquarters on April 17, 2024 in Pittsburgh, Pennsylvania. Biden announced new actions to protect American steel and shipbuilding industries including hiking tariffs on Chinese steel.

Persons: Biden, Ben Nolan, Nolan, Reagan, Joe Biden, Jeff Swensen, —, Darron, Wadey, Lloyd, Matson, George Washington, Ronald O'Rourke, O'Rourke Organizations: Mitsui Shipbuilding Co, Taicang Port Economic, Technological, Future Publishing, Getty, CNBC, Shipbuilding, Global, United States, Trade, U.S . Trade, U.S, China's Ministry of Commerce, United Steel Workers, Japan's Nippon Steel, United Steel Workers Union, United Steel Workers Headquarters, Analysts, Matson Shipping, Jones Act, Philly Shipyard, CMA CGM, Matson, United, Maritime Administration, U.S ., Huntington Ingalls Industries, News Shipbuilding, U.S . Navy, U.S Navy, Newport News Shipbuilding, Virginian Pilot, Tribune, Service, Force, warfighting, Navy, Biden, Congressional Research Service Locations: Taicang Port, Suzhou, Jiangsu province, China, U.S, Japan, South Korea, United States, Pennsylvania, Pittsburgh , Pennsylvania, American, Bangladesh, U.S . Virgin Islands, Great, Mississippi, Ohio

☆ Mark Zuckerberg warned investors that Meta's AI investment won't pay off immediately
▼ + stars: | 2024-04-25 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Meta's stock tumbled about 16% after trading hours despite posting better-than-expected Q1 results. The company reported a lackluster revenue forecast along with deep investments in AI. Making money off of AI will take time, Mark Zuckerberg told investors on Wednesday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDespite posting record revenue for the January-March quarter, Meta's stock is being bogged down on Wednesday by the company's increasing investments in AI.

Persons: Mark Zuckerberg, —, Meta Organizations: Service, Meta, Business

☆ Zuckerberg warned investors that Meta's AI investment will take 'several years' before it pays off. Meta's stock price tumbled.
▼ + stars: | 2024-04-24 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Meta's stock tumbled about 16% after trading hours despite posting better-than-expected Q1 results. AdvertisementDespite posting record revenue for the January-March quarter, Meta's stock is being bogged down on Wednesday by the company's increasing investments in AI. Meta's investment in AI is no different, Zuckerberg said, but the CEO cautioned that the returns for artificial intelligence will take some time. AdvertisementIn the lead up to the first-quarter results, Meta launched its latest version of its chatbot, Llama 3, which will power the company's new AI assistant, Meta AI. Zuckerberg said that the AI assistant will be integrated into many of Meta's products, including Instagram and Facebook.

Persons: Mark Zuckerberg, —, Meta, that's, Zuckerberg, we've, Insider's Hasan Chowdhury Organizations: Service, Meta, Facebook

☆ The US and China are engaging more. But that doesn't mean they trust each other more, an analyst said.
▼ + stars: | 2024-04-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

US and China's engagements don't mean they trust each other more, said Eurasia Group's Ian Bremmer. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But just because they're talking more doesn't mean that they actually trust each other more, an analyst said on Wednesday. Earlier this month, Treasury Secretary Janet Yellen visited China, seeking cooperation in areas beneficial to both countries. Advertisement"It's always better to have more engagement, more conversations — especially when you don't trust each other," Bremmer said.

Persons: Ian Bremmer, —, Joe Biden, Xi Jinping, there's, Bremmer, Janet Yellen, Lloyd Austin, State Anthony Blinken, William Lai — Organizations: Service, Eurasia Group, Bloomberg, APEC, Defense, State Locations: Eurasia, Ian Bremmer . Washington, China, Taiwan, San Francisco, US, Washington, Taiwan —, Beijing

☆ Inside the White House’s monthslong push for Ukraine aid
▼ + stars: | 2024-04-24 | by ( Arlette Saenz | ) edition.cnn.com time to read: +11 min

Sullivan followed up four days later with a call to Johnson to highlight the measures in place to track aid in Ukraine. They spoke often with Johnson’s staff, including meetings at the White House and on Capitol Hill. Meanwhile, White House chief of staff Jeff Zients, Ricchetti and Goff spoke with Schumer and Jeffries and their staff almost daily to strategize on how to push Ukraine aid forward. Biden and Johnson spoke by phone the next day as the speaker briefed him on his plan to move the aid package forward. “We discussed the contents of the next US military aid package,” Zelensky said.

Persons: Mike Johnson, Joe Biden, Johnson –, speakership, Biden, Johnson, Vladimir Putin, Jake Sullivan, Shalanda Young, Sullivan, Taiwan –, Hamas, Putin, ” Biden, Hakeem Jeffries, Chuck Schumer, Mitch McConnell, “, ”, Steve Ricchetti, Richetti, Shuwanza Goff, Ricchetti, Goff, Jeff Zients, Schumer, Jeffries, Young, McConnell, Michael McCaul, Intelligence Michael Turner, Bill Burns, Ukraine Bridget Brink, Chip Roy, Texas, Ralph Norman of, Biden’s, Anita Dunn, Jon, Lloyd Austin, Volodymyr Zelensky, Zelensky, National Intelligence Avril Haines, Donald Trump’s, Burns, ” Zelensky Organizations: Washington CNN, Ukraine, White House, GOP, Management, Senate, Biden, Russia, House Democratic, White, Capitol, House Foreign, Intelligence, CIA, Republican, The Defense Department, House Republicans, National Intelligence, Democratic, CNN Locations: Ukraine, Europe, Russia, Israel, Taiwan, Ricchetti, Ralph Norman of South Carolina, Washington ,, Johnson’s

☆ I've visited 93 countries, 57 of them with kids. These 5 underrated spots are great places to enjoy with your family.
▼ + stars: | 2024-04-23 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +8 min

Since 2000, I've visited 93 countries and 57 of them have been with my four children who are all under the age of 10. We went on a safari tour in TanzaniaOur family visited Tanzania in 2019 in collaboration with a tourism brand. We love Sri Lanka so much, we're building a villa thereIn 2022, my family and I moved to Sri Lanka from Abu Dhabi. Edwards' daughter and son on a beach in Sri Lanka. Courtesy of Karen EdwardsI visited the country in 2008, and then again in 2012 with my then-boyfriend and now-husband.

Persons: Karen Edwards, Edwards, —, I've, Abu, Abu Dhabi, you'll, Al, we're, It's, We'd Organizations: Service, Disney, Mto, United Arab, Oasis, Catalonian Locations: Tanzania, Abu Dhabi, America, California, Florida, Zanzibar, Tanzanian, Lake, Dubai, United Arab Emirates, Al Ain, Hafeet, Sri Lanka, Galle, Andorra, Pyrenees, Spain, Barcelona, Toulouse, France, Karen Edwards Andorra, Macedonia Macedonia, Balkan, Greece, Europe, Albania, Macedonia

☆ Any hope for a cheaper Tesla model may be on hold for now. But how about a Tesla taxi for your troubles?
▼ + stars: | 2024-04-22 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Elon Musk teased details about a cheaper Tesla model just a few months ago. Bloomberg reported Tesla has shifted to robotaxis, which Musk said will be revealed in August. AdvertisementIf EV consumers were looking for a cheaper Tesla in the immediate future, that hope may have to be put on hold for now. One source told the outlet the timeline for a prototype rollout and production capacity for robotaxis is getting priority over a cheaper Tesla model. AdvertisementFor now, the cheaper Tesla appears to have been put on the back burner.

Persons: Elon Musk, Tesla, Musk, —, Tesla hasn't Organizations: Bloomberg, Service, Reuters Locations: robotaxis, Tesla's

☆ These nature-inspired tiny homes starting from $58,000 are now available in the US — check them out
▼ + stars: | 2024-04-21 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +2 min

The Portugal-based carpentry company Madeiguincho began building tiny homes for European customers in 2016. Take a look inside a variety of their tiny homes, ranging from $58,619 to $74,535 in price. AdvertisementSo far, the company has built 25 tiny homes, with prices starting at €55,000 (about $58,600). In 2019, Madeiguincho, which constructs the tiny homes in Portugal, collaborating with local builders and architects, began shipping to the US. AdvertisementTake a look inside some of Madeiguincho's tiny homes.

Persons: Madeiguincho, —, Marrote Organizations: Service, Business Locations: Portugal, Queens , New York, Berlin , New York, India, Nepal

☆ Ferrari's CEO likes to run the luxury car company like a tech startup
▼ + stars: | 2024-04-21 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Benedetto Vigna has been Ferrari's CEO since 2021, overseeing the company's transition to EVs. His background is in tech, with previous experience as an executive at a semiconductor company. Vigna likes the nimbleness of tech startups and removed layers of bureaucracy at Ferrari, per WSJ. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: Benedetto Vigna, Vigna, — Organizations: Ferrari, Service, Street, Business

☆ Israeli Weapon Damaged Iranian Air Defenses Without Being Detected, Officials Say
▼ + stars: | 2024-04-20 | by ( Farnaz Fassihi | Ronen Bergman | ) www.nytimes.com time to read: +7 min

Some Democrats are fine sending defensive weapons to Israel, but want to see some limits on offensive weapons, which could be used against civilians in Gaza. But progressive Democrats estimated that 40 to 60 members of their party may oppose it on the House floor on Saturday. The legislation would allocate $5 billion to Israel’s defense capabilities and $9 billion for “worldwide humanitarian aid,” including for civilians in Gaza. “To give Netanyahu more offensive weapons at this stage, I believe, is to condone the destruction of Gaza that we’ve seen in the last six months. But they see a “no” vote as part of a strategy to pressure Mr. Biden to condition aid and halt future offensive weapons transfers.

Persons: Biden, ’, Pramila Jayapal, Joaquin Castro, We’re, Mr, Benjamin Netanyahu’s, ”, Ro Khanna, Netanyahu, Nancy Pelosi, Mike Johnson, —, Becca Balint, “, it’s, Lloyd Doggett, Doggett, Ms, Balint, Dan Kildee, Greg Casar Organizations: Democrats, Democratic, “, Congressional Progressive Caucus, ”, Democrat, Israel, Democratic Party, Republican, Republicans, Texas Democrat, White House, Michigan Democrat Locations: Israel, Gaza, Iraq, Washington, Texas, Ukraine, Taiwan, United States, Rafah, Iran, California, Yemen, Louisiana, Vermont, U.S, American

☆ I've been to 54 countries and have lived in 10. These 5 underrated places are worth the trip.
▼ + stars: | 2024-04-20 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +11 min

Kate Boardman has visited 54 countries around the world and lived in 10, including the US. She's enjoyed spots like France and Bali but says people should visit underrated places like Oman. I've been to 54 countries and lived in 10, including the US. I also think spots like Cancun are super overrated; there are way cooler places to visit in Mexico. Kate Boardman/@wildkat.wandersI first lived in Guatemala in 2021, where I worked as a teacher at an international school.

Persons: Kate Boardman, She's, —, I've, Boardman, It's, You've, they're, @wildkat.wanders, Kate Boardman There's, There's, you've, Earth Organizations: Service, Antigua —, United Arab Locations: France, Bali, Oman, Ecuador, Guatemala, Massachusetts, Germany, Tblisi , Georgia, Paris, London, Cancun, Mexico, Iran, Maharloo, Georgia, Tbilisi, It's, Soviet Union, Kazbegi , Georgia, Turkish, Central America, Costa Rica, Tikal, Guatemala City, Antigua, Boardman, Livingston , Guatemala, El, United Arab Emirates, Yemen, Muscat, Caribbean

Explosions were heard in Iran, according to CNN, which cited Iranian state media outlet FARS. There's still a lack of clarity around the reported explosions, but there are multiple reports of an Israeli strike. AdvertisementExplosions were heard near an Iranian military base, and multiple reports, citing US officials, say that Israel struck Iran. CNN, citing the semi-official FARS news outlet, reported the explosions were heard in the city of Ghahjaworstan, which is located near Isfahan, Iran. The Iranian news outlet said that "the city of Ghahjaworstan is located near Isfahan Airport and the eighth hunting base of the Army Air Force."

Persons: — Organizations: CNN, Service, Army Air Force, Business Locations: Iran, FARS, There's, Israel, Ghahjaworstan, Isfahan, Iranian, Isfahan Airport

☆ Zuckerberg says Meta's Llama 3 is really good but no chatbot is sophisticated enough to be an 'existential' threat — yet
▼ + stars: | 2024-04-19 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Meta launched the latest iteration of its chatbot, Llama 3, on Thursday. Mark Zuckerberg said the chatbot is "state-of-the-art" and has improved reasoning. AdvertisementMeta launched the latest iteration of its AI chatbot on Thursday with Llama 3, and CEO Mark Zuckerberg says it's supposed to be really good. The new model boasts "state-of-the-art" performance on various industry-standard benchmarks and comes with "improved reasoning," according to a company blog post. Meta said that it will integrate the model into its AI assistant, Meta AI, which will be available to use across other Meta products, including Instagram.

Persons: Meta, Mark Zuckerberg, —, it's Organizations: Service, Meta, Business

Ahead of the encroaching Russian forces, Ukrainian volunteers have been evacuating civilians from Ocheretyne and other villages, posting videos on social media showing older residents leaving badly destroyed apartment buildings, along with their pets, and with belongings packed into cardboard boxes. A photograph taken on April 11, 2024, near the town of Chasiv Yar, in Donetsk region, shows smoke rising from fires after bombing. Anatolii Stepanov/AFP/Getty ImagesAbout 40 kilometers (25 miles) north of Ocheretyne, on another piece of higher ground, the town of Chasiv Yar is also firmly in Russian sights. “The situation around the town of Chasiv Yar is difficult,” Nazar Voloshyn, spokesman for the Ukrainian Ground Forces’ “Khortytsia” operational-strategic group, told CNN. Ukraine’s vulnerability in the face of the FAB threat highlights another huge need for Kyiv – more air defenses.

Persons: Oleksandr Syrskyi, Novokalynovo, Boris Rozhin, Anatolii Stepanov, Velyka, Volodymyr Zelensky, ”, Mike Johnson, Jake Tapper, “, Vladimir Putin doesn’t, Lloyd Austin, Chasiv Yar, ” Nazar Voloshyn, Yurii Fedorenko, Yar, Chasiv, ” Voloshyn, Zelensky, Victoria Butenko Organizations: CNN, Ukrainian, United States Congress, Russian, Getty, Ukraine’s Eastern Command, ” Artillery, US, House Defense, House, Ukrainian Armed Forces, Kremlin, Nazi, Ukrainian Ground Forces, Separate Assault Brigade, Reuters, Ukrainian Telegram, FAB, Kyiv, NATO Locations: Russia, Ukraine, Ocheretyne, Avdiivka, Ukrainian, Novokalynove, Donetsk, Ocheretyno, AFP, Tonenke, Pokrovsk, Europe, Russia’s, Chasiv, Nazi Germany, Kalynivka, Ivanivske, Zaporizhzhia region, Chasiv Yar, Kharkiv

☆ Live Updates: Muted Reactions to Israeli Strikes on Iran Hint at De-Escalation
▼ + stars: | 2024-04-18 | by ( Alissa J. Rubin | ) www.nytimes.com time to read: +7 min

☆ White House will 'make sure gas prices remain affordable' heading into summer, Biden advisor says
▼ + stars: | 2024-04-18 | by ( Spencer Kimball | ) www.cnbc.com time to read: +3 min

President Joe Biden's top economic advisor said Thursday that the White House will "make sure gas prices remain affordable" when asked whether the administration would consider tapping the Strategic Petroleum Reserve. We'll continue to monitor closely and want to make sure that those gas prices remain in current ranges," Brainard said. U.S. crude oil hit a high of $87.67 per barrel this year before pulling back to around $83 a barrel. The White House is keeping a close eye on "geostrategic risk" in the Middle East, Brainard said. Daniel Yergin, vice chairman of S&P Global, said oil prices above $90 presents a problem for the broader market.

Persons: Lael Brainard, Joe Biden's, Brainard, Biden, Lloyd Austin, John Podesta, Tuesday Biden, –, Daniel Yergin, It's, Yergin, CNBC's Organizations: AAA, Summit, Strategic Petroleum Reserve, JPMorgan, Brent, P Global Locations: East, Eastern Europe, Israel, Ukraine, Iran

☆ Mike Johnson: Doing ‘the right thing’ may cost the speaker his gavel
▼ + stars: | 2024-04-17 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

CNN —It took less than six months for Speaker Mike Johnson to reach his existential moment. His tiny majority means he can’t afford to lose more than one GOP vote to pass a bill on a party-line vote. But a GOP speaker dependent on Democratic votes will be seen by many Republicans as a tool of the minority party and would be on borrowed time. In this way, those who oppose Ukraine aid on principle could vote against it, allowing Democrats who support it to ensure its passage. These are important responsibilities,” Johnson told Tapper.

Persons: Mike Johnson, Kevin McCarthy, Paul Ryan, John Boehner –, Johnson, ” Johnson, CNN’s Jake Tapper, Marjorie Taylor Greene, Thomas Massie of, Donald Trump’s, Trump, Greene, Chip Roy, Roy, ”, –, CNN’s Manu Raju, ’ Johnson, he’s, Tapper, “, Dan Crenshaw, CNN’s Raju, Johnson “, ” Trump, hasn’t, bankrolling, Dwight Eisenhower, George W, Bush, Vladimir Putin doesn’t, We’re, Putin, Xi, Lloyd Austin, Biden, he’d Organizations: CNN, Louisiana Republican, Republicans, Texas Rep, Democratic, GOP, White, Texas GOP, Lago, Trump, Senate, “, ”, House Defense Locations: Ukraine, Israel, Taiwan, Marjorie Taylor Greene of Georgia, Thomas Massie of Kentucky, Mexico, Kyiv, Washington, Texas, Mar, Trumpism, Europe, Iran, North Korea, British, Jordanian, Russia, Russia’s, United States

☆ Some House Republicans need this reminder that Russia is not their friend
▼ + stars: | 2024-04-17 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

CNN —There is a major disconnect between two CNN stories on Wednesday about Russia and the US. While it is mostly Republicans who oppose additional funding for Ukraine, they are still a minority, even within their own party. In February, 22 Republicans in the Senate joined all but three Democrats to form a 70-vote majority in favor of the funding. Asked about that propaganda comment by Tapper earlier this month, Rep. Mike Turner of Ohio, who chairs the House Intelligence Committee, agreed. The two appeared together at Mar-a-Lago last week, and Johnson has bought into Trump’s proposal to structure some Ukraine aid as a loan rather than direct aid.

Persons: Sean Lyngaas, ”, Mike Johnson, Johnson, “, ” Johnson, CNN’s Jake Tapper, “ We’re, Matt Gaetz, Chip Roy didn’t, he’s, it’s, Marjorie Taylor Greene, Defense Lloyd Austin, Thomas Massie of Kentucky, Tucker Carlson, Vladimir Putin, Ralph Norman, Thomas Massie, Chip Roy, Tom Williams, It’s, Liz Cheney, Donald Trump, Michael McCaul, Puck, Tapper, Mike Turner of Ohio, ” Turner, Greene, Ken Buck, Moscow Marjorie ”, Putin, Trump Organizations: CNN, Capitol Hill, GOP, White, Conservative, Ukraine, Republicans, Senate, Florida, ” Texas, Defense, Republican, Fox News, Putin, Texas Republican, Foreign Affairs, House Intelligence, Trump, Mar, Lago Locations: Russia, Texas, Russian, Ukraine, Israel, Taiwan, Marjorie Taylor Greene of Georgia, Wyoming, Colorado

☆ Biden calls for a tripling of tariffs on Chinese steel as he makes economic pitch in Pittsburgh
▼ + stars: | 2024-04-17 | by ( Betsy Klein | Michael Williams | ) edition.cnn.com time to read: +6 min

CNN —President Joe Biden called on his administration to ratchet up pressure on the Chinese steel industry as he brings his economic competition pitch to Pittsburgh, the heart of the American steel industry, on Wednesday, part of a three-day campaign trail swing through battleground Pennsylvania. The trip comes after Biden last month publicly opposed a controversial $14 billion deal for Japan’s Nippon Steel to purchase US Steel. President Biden will not impose ineffective, across-the-board tariffs that would increase costs and harm hundreds of thousands of jobs,” the official said. The United Steelworkers, a key union representing workers in the steel industry, endorsed Biden’s reelection campaign last month. Trump made tariffs against China a central feature of his global economic strategy, and Biden has largely maintained them, despite external criticism.

Persons: Joe Biden, ” Biden, Biden, Donald Trump, Katherine Tai, “, Tai, Lael Brainard, ” Brainard, “ They’re, ” , ”, Biden’s, he’s, Trump, Xi Jinping, Lloyd Austin, CNN’s Chris Isidore, Arlette Saenz, Kevin Liptak Organizations: CNN, United Steelworkers, United States Trade, National Economic, of, Japan’s Nippon Steel, US Steel . US Steel, Justice Department, Foreign Investment, US Steel, ”, American, steelworkers, Biden, Trump Locations: Pittsburgh, Pennsylvania, China, America, Scranton, Philadelphia, New York City, United States, American

☆ Election Updates: Biden campaigns again in Pennsylvania, a swing state crucial to his re-election hopes.
▼ + stars: | 2024-04-17 | by ( Chris Cameron | ) www.nytimes.com time to read: +5 min

The tariffs Mr. Biden will propose raising on Wednesday were initially imposed by Mr. Trump when he was president. Mr. Biden’s stop in Pittsburgh is part of a three-day swing through Pennsylvania, a crucial battleground state that he narrowly won in 2020 and has visited more than any other. The president’s campaign is hoping to mobilize support from organized labor, a traditionally Democratic constituency from which Mr. Trump has pulled some support. On Tuesday, Mr. Biden spoke at the local union of the United Brotherhood of Carpenters and Joiners in Scranton, Pa., his hometown. “Donald Trump looks at the world differently than you and me,” Mr. Biden said in a speech that signaled his campaign’s intention to make the 2024 election a referendum on Mr. Trump.

Persons: Biden, Katherine Tai, Mr, ” Lael Brainard, Janet L, Yellen, ”, Lloyd J, Austin III, Biden’s, Donald J, ” Mr, Trump, “ Donald Trump, ” Alan Rappeport, Michael D, Shear Organizations: United Steelworkers Union, U.S, Economic Council, International Monetary Fund, Trump, CNBC, Mr, Democratic, United Brotherhood of Carpenters Locations: China, Pittsburgh, U.S, Mexico, America, Beijing, United States, Biden’s, Japan, Philippines, South China, Pennsylvania, Joiners, Scranton, Pa, Mar

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